Destiny Tech100 set to extend rally on AI fervor, private tech demand

Destiny Tech100

11/05/2026 10:45

** Shares of Destiny Tech100 DXYZ.N climb 9.8% premarket, set to extend gains after last week's rally

** Stock buoyed by AI enthusiasm and resilient demand for exposure to private tech leaders

** The company has become a proxy for retail investors to get access to companies such as SpaceX, Anthropic and OpenAI

** Sentiment towards the stock is often driven by headlines around its portfolio companies and broader risk appetite'

** Last week, the Financial Times reported that Anthropic was weighing a funding round that would take its valuation past OpenAI's

** SpaceX is also on course for an IPO in June that could value it at $1.75 trillion, Reuters has reported

** YTD, DXYZ has gained 78.3% as of Friday's close

 (Reporting by Niket Nishant in Bengaluru)

 ((Niket.Nishant@thomsonreuters.com))